The minister for international development had been conferred the honour by President Pranab Mukherjee in January.
The award is the highest honour conferred on overseas Indians and Patel has been awarded for her "exceptional contribution to national and international politics, her role in strengthening UK-India relations, and for supporting the Indian Diaspora in the UK".
"It is a tremendous honour and privilege to be given the Pravasi Bharatiya Samman award. This is one of the highest honours a member of the Indian Diaspora can receive and I am humbled and grateful to have been given this award," Patel said while receiving the award from Indian High Commissioner to the UK Y K Sinha at the Indian High Commission here.
"The Indian Diaspora in the UK are fantastic at keeping this relationship strong and work hard every day to support the UK and India reach our potential," she noted.
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The Indian high commissioner described the Conservative party MP as an "important friend" of India.
"We are very proud that someone of Indian-origin has achieved the eminence that she has in the UK," Sinha said.
The Pravasi Bharatiya Samman is presented annually at the Pravasi Bharatiya Divas, held in Bengaluru this year.
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